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What did Jersey do to the sign and trade market

Created by: Campabee
Team: 2023-24 New Jersey Devils
Initial Creation Date: Jun. 9, 2023
Published: Jun. 9, 2023
Salary Cap Mode: Basic
Description
Did Jersey just tank the sign and trade market by trading Severson with an extension for basically the price of trading his signing rights? A top 4 RHD with an agreed 8 year extension should have gotten a very heafty return, instead all Jersey got was a 3rd round pick. I know they have a lot of players to resign but man that might have just screwed teams like the Jets who are looking to cash in on a sign and trade of PLD, hopefully this is just a one off thing but if not there will be a ton of disappointed fans across the league.
Trades
NJD
    8
    WPG
    1. 2025 4th round pick (NJD)
    Additional Details:
    Had to make a trade and show similar value

    Assume sign and trade 2 years x 2.25 mil
    Buyouts
    Recapture Fees
    DraftRound 1Round 2Round 3Round 4Round 5Round 6Round 7
    2023
    Logo of the NJD
    Logo of the CGY
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    2024
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    Logo of the COL
    Logo of the NJD
    2025
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    Logo of the NJD
    ROSTER SIZESALARY CAPCAP HITOVERAGES TooltipBONUSESCAP SPACE
    12$83,500,000$49,217,500$422,500$1,382,500$34,282,500
    Left WingCentreRight Wing
    Logo of the New Jersey Devils
    $6,000,000$6,000,000
    LW, RW
    NMC
    UFA - 4
    Logo of the New Jersey Devils
    $8,000,000$8,000,000
    C
    UFA - 7
    Logo of the New Jersey Devils
    $1,000,000$1,000,000
    RW, C
    UFA - 2
    Logo of the New Jersey Devils
    $7,250,000$7,250,000
    C
    UFA - 4
    Logo of the New Jersey Devils
    $894,167$894,167 (Performance Bonus$400,000$400K)
    RW, C
    RFA - 1
    Left DefenseRight DefenseGoaltender
    Logo of the New Jersey Devils
    $3,400,000$3,400,000
    LD
    UFA - 5
    Logo of the New Jersey Devils
    $9,000,000$9,000,000
    RD
    NMC
    UFA - 5
    Logo of the New Jersey Devils
    $3,400,000$3,400,000
    G
    UFA - 2
    Logo of the New Jersey Devils
    $1,100,000$1,100,000
    LD/RD, LW
    UFA - 1
    Logo of the New Jersey Devils
    $4,400,000$4,400,000
    RD
    UFA - 4
    Logo of the New Jersey Devils
    $850,833$850,833 (Performance Bonus$57,500$58K)
    G
    RFA - 1
    Logo of the New Jersey Devils
    $925,000$925,000 (Performance Bonus$925,000$925K)
    LD/RD
    RFA - 2

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    Jun. 9, 2023 at 11:45 a.m.
    #1
    1-0 them
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    We were the only team who could give him 8 years guess cbj wanted him for 8 years
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    Jun. 9, 2023 at 11:45 a.m.
    #2
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    It sounds like you may not understand the difference between a UFA and an RFA.
    jnorrrr, GMBL, NJDevils1317 and 6 others liked this.
    Jun. 9, 2023 at 11:46 a.m.
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    PLD and Severson are two different players of different value
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    Jun. 9, 2023 at 11:47 a.m.
    #4
    VAN
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    I don't think PLD and Severson are comparable. NJ wasn't going to sign Severson so this was smart business. PLD is a completely different situation. Jets will have issues given how vocal he's been about wanting to leave but he's also a stud, #1 C who rarely is available at this age. They'll get a good package for PLD.
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    Jun. 9, 2023 at 11:48 a.m.
    #5
    Devils Guy
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    New Jersey got a 3rd for player that:

    1) We weren't going to re-sign
    2) Got passed on the depth chart because Marino and Hamilton are our top 2 RHD
    3) Both Nemec and L.Hughes will be in the lineup and are cheaper

    I think that's a steal by Fitzgerald
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    Jun. 9, 2023 at 11:49 a.m.
    #6
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    Quoting: Windjammer
    It sounds like you may not understand the difference between a UFA and an RFA.


    1 year doesn't make a whole lot of difference my friend and I even included one of our own RFA's in the trade here. Like I said in the description I honestly hope this is a one off and not the new norm but if it is then fans are going to be disappointed
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    Jun. 9, 2023 at 11:50 a.m.
    #7
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    The difference is that the jets get to keep PLD if they don’t resign him past July 1st due to him being an RFA. Severson becomes a UFA on July 1st and can sign anywhere. Probably the best possible move the devils could have made. Never seen a ufa get a 3rd rounder before. Incredible deal for the devils
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    Jun. 9, 2023 at 11:50 a.m.
    #8
    MisstheWhalers
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    Quoting: Prime_Jimbo
    I don't think PLD and Severson are comparable. NJ wasn't going to sign Severson so this was smart business. PLD is a completely different situation. Jets will have issues given how vocal he's been about wanting to leave but he's also a stud, #1 C who rarely is available at this age. They'll get a good package for PLD.


    A stud 1C? Was the bar for stud 1Cs lowered?
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    Jun. 9, 2023 at 11:52 a.m.
    #9
    VAN
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    Quoting: MisstheWhalers
    A stud 1C? Was the bar for stud 1Cs lowered?


    Bo Horvat? But honestly, he's 24 and his best years are ahead of him imo.
    Jun. 9, 2023 at 11:53 a.m.
    #10
    MisstheWhalers
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    I don't think this is a comparable, it wasn't a sign and trade really, just minor business.
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    Jun. 9, 2023 at 11:54 a.m.
    #11
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    Quoting: Campabee
    1 year doesn't make a whole lot of difference my friend and I even included one of our own RFA's in the trade here. Like I said in the description I honestly hope this is a one off and not the new norm but if it is then fans are going to be disappointed


    It does if it was the only way CBJ could sway him to come to them.
    Jun. 9, 2023 at 11:55 a.m.
    #12
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    Quoting: jnorrrr
    PLD and Severson are two different players of different value


    They are but their values are comparable

    Severson is a top 4 RHD on most teams, PLD is a top 6 center on most teams. Severson wasn't resigning in Jersey neither is PLD in Winnipeg. Also I am not just talking about PLD, I am talking about the entire UFA and RFA classes now and going forward. You can't tell me that Severson's trade value when signed was only worth a 3rd
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    Jun. 9, 2023 at 11:57 a.m.
    #13
    MisstheWhalers
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    Quoting: Prime_Jimbo
    Bo Horvat? But honestly, he's 24 and his best years are ahead of him imo.


    Horvat is a 2C, so is PLD, good ones but not stud 1Cs imo.
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    Jun. 9, 2023 at 11:58 a.m.
    #14
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    Quoting: Campabee
    They are but their values are comparable

    Severson is a top 4 RHD on most teams, PLD is a top 6 center on most teams. Severson wasn't resigning in Jersey neither is PLD in Winnipeg. Also I am not just talking about PLD, I am talking about the entire UFA and RFA classes now and going forward. You can't tell me that Severson's trade value when signed was only worth a 3rd


    I believe I read where it is only the second ever sign and trade of a player as a ufa with season over. Didnt check that but our beat writer said so
    Jun. 9, 2023 at 11:59 a.m.
    #15
    VAN
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    Quoting: MisstheWhalers
    Horvat is a 2C, so is PLD, good ones but not stud 1Cs imo.


    Well, Horvat got paid like one and is playing top line. Personally just think PLD has 80+ in him regularly despite the baggage.
    Jun. 9, 2023 at 12:02 p.m.
    #16
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    I am not trying to say the Devils did hurt the UFA/RFA market, I am just posing the question of did they hurt it? I hope they didn't cause it is really bad for the league if this is the new norm. I want to see players like PLD return a 1st + for their respective teams, I don't want to see more and more traded for a 4th, 5th or worse
    Andy_Dick liked this.
    Jun. 9, 2023 at 12:09 p.m.
    #17
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    This didnt do much to reset the market. Devils controlled Severson's rights for 3 more weeks. The price will be much higher for guys of similar value that are an RFA or have a full year of control before becoming UFA's.
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    Jun. 9, 2023 at 12:10 p.m.
    #18
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    Quoting: Campabee
    I am not trying to say the Devils did hurt the UFA/RFA market, I am just posing the question of did they hurt it? I hope they didn't cause it is really bad for the league if this is the new norm. I want to see players like PLD return a 1st + for their respective teams, I don't want to see more and more traded for a 4th, 5th or worse


    Trading Severson was like a yard sale they got what they could. Smart on them.
    MisstheWhalers liked this.
    Jun. 9, 2023 at 12:20 p.m.
    #19
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    Quoting: Campabee
    I am not trying to say the Devils did hurt the UFA/RFA market, I am just posing the question of did they hurt it? I hope they didn't cause it is really bad for the league if this is the new norm. I want to see players like PLD return a 1st + for their respective teams, I don't want to see more and more traded for a 4th, 5th or worse


    It has long been said that Severson wanted max term (wherever he played next) and he was willing to take less $$ to get it. So adding that 8th year was probably a way for Columbus to buy down the AAV a bit (and NJD to get a mid-3rd instead of early 4th).

    This trade will have zero impact on PLD trade.
    Jun. 9, 2023 at 12:20 p.m.
    #20
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    Quoting: bcooke
    This didnt do much to reset the market. Devils controlled Severson's rights for 3 more weeks. The price will be much higher for guys of similar value that are an RFA or have a full year of control before becoming UFA's.


    I hope that's the case, I just think that trading a Severson for a 3rd with an extension in place is bad for the market. Look at it this way Florida paid a 1st and 3rd for Chairot without an extention in place. Montreal paid a 4th just to acquire the rights to Allen, is Severson with an extension only worth a slightly better pick than an unsigned Allen? IMO Severson with an extension agreed upon should have gotten a 1st + or at least 2 2nds.
    Jun. 9, 2023 at 12:23 p.m.
    #21
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    Quoting: Campabee
    I hope that's the case, I just think that trading a Severson for a 3rd with an extension in place is bad for the market. Look at it this way Florida paid a 1st and 3rd for Chairot without an extention in place. Montreal paid a 4th just to acquire the rights to Allen, is Severson with an extension only worth a slightly better pick than an unsigned Allen? IMO Severson with an extension agreed upon should have gotten a 1st + or at least 2 2nds.


    He would have leave for nothing no reason to play hard ball on value
    Jun. 9, 2023 at 12:29 p.m.
    #22
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    Quoting: Howie
    He would have leave for nothing no reason to play hard ball on value


    Yes he could have but he didn't he signed and then was traded. That's my point, at the time of the official trade he was signed for 8 more years and Jersey knew this was the case. It wasn't like they traded his signing rights then he extended. I don't really care about the value of PLD it worries me more in terms of the Habs trade market next year or the year after. Look at it this way, if Montreal traded Drouins rights he may return a 4th or 5th round pick, now if they had a deal in place to sign him then trade him his value should be a late 2nd early 3rd depending on term and cap hit. Severson should have been worth at least double that IMO
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    Jun. 9, 2023 at 12:31 p.m.
    #23
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    Quoting: Campabee
    I hope that's the case, I just think that trading a Severson for a 3rd with an extension in place is bad for the market. Look at it this way Florida paid a 1st and 3rd for Chairot without an extention in place. Montreal paid a 4th just to acquire the rights to Allen, is Severson with an extension only worth a slightly better pick than an unsigned Allen? IMO Severson with an extension agreed upon should have gotten a 1st + or at least 2 2nds.


    Again this isn't a comp. Chairot was a TDL acquisition that played 20 games in the lead up to what the Panthers thought was going to be a cup run. And 10 playoff games. Severson was going to walk in 3 weeks and probably get 7x6.25 from Columbus. CBJ paid a 3rd for the 8th year.
    Jun. 9, 2023 at 12:41 p.m.
    #24
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    Quoting: Campabee
    They are but their values are comparable

    Severson is a top 4 RHD on most teams, PLD is a top 6 center on most teams. Severson wasn't resigning in Jersey neither is PLD in Winnipeg. Also I am not just talking about PLD, I am talking about the entire UFA and RFA classes now and going forward. You can't tell me that Severson's trade value when signed was only worth a 3rd


    For a player that was gonna walk anyways that is a good return. PLD can’t just walk as an RFA.
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    Jun. 9, 2023 at 12:42 p.m.
    #25
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    Quoting: jnorrrr
    For a player that was gonna walk anyways that is a good return. PLD can’t just walk as an RFA.


    Sure he can, it's called an OS and he has already said he is willing to go that route before
     
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